monetary economics

Exercise 1 Consider an economy with four non-financial agents 1:, Y and 2, H and a single commercial bank A. It is assumed that all agents have accounts with bank A. A Record in the bank's balance sheet all the following transactions. Specify for each for each transaction, specify whether there is monetary creation or not, justifying your answer. - 0n 01l02f2021: X sells goods in cash to a customer Y for an amount of 50,000 in exchange for a check. - 05/02/2021: Bank A buys land from companyr Zfor an amount 500,000. - 0n 1510212021: it sells goods to a customer H for an amount of 200.000 against acceptance of a draft at 120 days. - 0n 20l02f2021: To ensure a business trip abroad, company it asks for 2000 from its bank (it is assumed that c1=s13 - 20/03l2021: In need of liquidity, x decides to discount the draft given by H at its bank